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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (3101)	12/1/1997 10:46:00 PM
From: LzzrdKing	Respond to of 7396

Interesting tips One strategy I have used successfully many times is to set a buy stop in positive territory on gap downs. AMES today is a perfect example of how this strategy works.

To: TATRADER who wrote (3101)	12/1/1997 11:34:00 PM
From: Marlin C. Harmon	Read Replies (1) \| Respond to of 7396

Mark, I have carefully noted the strategies of both you and Lzzrd and appreciate them very much. I notice that the gap strategies are very similar to Jake Berstein's which he uses in futures trading. Might get an opportunity to use them on not only Ketan's pick but RTC might gap again after that news. Marlin

To: TATRADER who wrote (3101)	12/2/1997 2:16:00 AM
From: LzzrdKing	Read Replies (3) \| Respond to of 7396

Here are short term targets on some stocks I am in. RTC 12 3/8 APCO 7 3/8 AMES 24 5/8, this is about the only bargain i can find in the sector, which put in a new high today. AVL 16 1/2, took out 50 day today, and with airline sector looking good, and the gross undervaluation here, I like this one a lot. ITEQ-got buy signal tonite-13 1/2 SOCR 11 SMMT 15 1/8 NTSC 10 Just noticed I missed a trade on my list, SCAI short, that stock was way too extended and had a butt ugly reversal today. Which brings up a point, it sure looks like a good short down to the 24 area, at which point I will look at it as a long. AKRN 5.25, vol picking up.

To: TATRADER who wrote (3101)	12/2/1997 1:34:00 PM
From: shasta23	Read Replies (1) \| Respond to of 7396

Hi MArk! trying to learn...what you mean with TICK in the gap strategy. Does depend on the stock if it's a 1/8 or a 1/16? thanks for great tips... Stefan

To: TATRADER who wrote (3101)	12/4/1997 10:12:00 AM
From: SpecialK	Read Replies (3) \| Respond to of 7396

MRVC had to retest the lows of 24ish, really 25. Done. Now it's 26 and will head back up to the 29 it hit on Monday, if it can't break that we stay in this range. I see it's profitable to buy on Wed, sell on Monday, sell short even, and cover again on Wed and buy. Check it out. We may break that trend if the volume picks up either direction otherwise, I think it stays that way til about Dec 20s and then it will break higher, Sell in the mid 30s at earnings 3rd week in Jan. Ketan